Jonathan Friedman - Nov 25, 2022 Form 4 Insider Report for Paragon 28, Inc. (FNA)

Role
Former general counsel. The reporting person ceased to be an officer of the Issuer as of April 9, 2023.
Signature
/s/ Stephen Deitsch, as Attorney-in-Fact for Jonathan Friedman
Stock symbol
FNA
Transactions as of
Nov 25, 2022
Transactions value $
-$99,974
Form type
4
Date filed
6/8/2023, 05:57 PM
Previous filing
Oct 28, 2022
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNA Common Stock Options Exercise $171K +12.5K +24.01% $13.71 64.6K Nov 25, 2022 Direct
transaction FNA Common Stock Sale -$254K -12.5K -19.36% $20.35 52.1K Nov 25, 2022 Direct F1
transaction FNA Common Stock Options Exercise $34.3K +2.5K +4.8% $13.71 54.6K Dec 1, 2022 Direct
transaction FNA Common Stock Sale -$51.3K -2.5K -4.58% $20.50 52.1K Dec 1, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FNA Stock Option (Right to Buy) Options Exercise $0 -12.5K -10.42% $0.00 108K Nov 25, 2022 Common Stock 12.5K $13.71 Direct F2
transaction FNA Stock Option (Right to Buy) Options Exercise $0 -2.5K -2.33% $0.00 105K Dec 1, 2022 Common Stock 2.5K $13.71 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jonathan Friedman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.05 to $20.40, inclusive. The reporting person undertakes to provide to Paragon 28, Inc., any security holder of Paragon 28, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1).
F2 25% of the shares subject to the option vest annually measured from August 16, 2021 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date.

Remarks:

Former general counsel. The reporting person ceased to be an officer of the Issuer as of April 9, 2023.